We do Settle Monthly/Weekly /Daily depends on Volume into your Local Business or Individual Accounts. Receive daily payout.
Fast Account Set Up
Merchant can accept desired local Currency to take payments. We have Multiple Acquirers to accept various currencies.
PCI DSS Compliance
PCI DSS details security requirements for businesses that store, process or transmit cardholder data. Managed our firewall service
We have most Shopping cart Modules available. Our API is easy to use, enables merchants to process consumer payments.
Features Of Echeck ACH Payment Processing
By offering paperless check processing, businesses contribute to their bottom line by expanding their potential customer base. Many customers either do not have credit cards or they prefer to pay with checks.
Benefits Of Echeck Payment
There are several benefits inherent in the eCheck processing of payments instead of physical checks. We’ll cover the main ones below.
How does Echeck processing work?
Electronic check processing isn’t that different than paper check processing. There are 4 steps to processing an electronic check:
Here the business must gain authorization from the customer to complete the transaction. This can be done through an online payment form, signed order form, or phone conversation.
Finalize and Submit
After the payment information has been properly entered into the software, the business clicks “Save” or “Submit.” This starts the ACH transaction process.
Payment Set Up
After the payment has been authorized, the business inputs the payment information into its online payment processing software.
Payment Confirmation and Funds Deposited
Finally, the payment is automatically withdrawn from the customer’s bank account. After this the online software sends a payment receipt to the customer, and the payment itself is deposited into the business’s bank account.
Difference Between ACH And Echeck
There are a few differences that you should be aware of:
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What is Automated Clearing House (ACH)?
An electronic payment delivery system that processes credit and debit transfer for institutions nationwide. The National Automated Clearing House Association (NACHA) regulates the ACH network.
What are some of the features that API offer?
The Echeckach.Net Direct (REST) API offers several features, including: Online billing Customer tokenization Retrieving status changes And much more...
Why Chose Echeck.Net for Echecks and ACH Accounts?
The following are reasons companies use our ACH accounts and echeck gateways for electronic check processing. Lower Costs Electronic Check Verification MOTO Electronic Check Payments Superior Customer Service Competitive Rates
How long will it take for approval to open an account using the online application?
You will receive an approval within 48 hours of submitting the required documentation.
How can my company participate in the API program?
You can contact a Payments Specialist by email at firstname.lastname@example.org for additional information or to enroll in the API program.